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2022
Exports $2.68MWorld Rnk 52 / 170
Flag Rnk 479 / 1127
2022
Destination $136k South Korea
2021 - 2022
FASTEST GROWING MARKET $136kSingapore
2022
PRODUCT COMPLEXITY IN Waterproof Footwear-0.78Rnk 777 / 1025
2022
Imports $23.6MWorld Rnk 17 / 219
Flag Rnk 547 / 1201
2022
Origin $13.4M China
2021 - 2022
FASTEST GROWING ORIGIN $13.4MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $2.68M in Waterproof Footwear, making it the 52nd largest exporter of Waterproof Footwear in the world. At the same year, Waterproof Footwear was the 479th most exported product in Philippines. The main destination of Waterproof Footwear exports from Philippines are: South Korea ($2.3M), Singapore ($136k), United States ($77.5k), Netherlands ($77.5k), and Canada ($23.2k).

The fastest growing export markets for Waterproof Footwear of Philippines between 2021 and 2022 were Singapore ($136k), Netherlands ($74.2k), and United States ($22k).

Imports In 2022, Philippines imported $23.6M in Waterproof Footwear, becoming the 17th largest importer of Waterproof Footwear in the world. At the same year, Waterproof Footwear was the 547th most imported product in Philippines. Philippines imports Waterproof Footwear primarily from: China ($21.7M), Thailand ($1.55M), South Korea ($80.8k), Australia ($80k), and Malaysia ($55k).

The fastest growing import markets in Waterproof Footwear for Philippines between 2021 and 2022 were China ($13.4M), Thailand ($1.54M), and South Korea ($70k).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Waterproof Footwear exports accounted up to $263k and imports accounted up to $11.8k, resulting in a positive trade balance of $251k. Between June 2023 and June 2024 the exports of Philippines'   Waterproof Footwear have decreased by $-83k (-24%) from $346k to $263k, while imports decreased by $-238k (-95.3%) from $250k to $11.8k.

Destinations In June 2024, Waterproof Footwear were exported mostly to South Korea ($263k), and were imported mostly from South Korea ($6.69k), Australia ($2.83k), United Kingdom ($602), United States ($594), and Bosnia and Herzegovina ($358).

Growth In June 2024, the decrease in Waterproof Footwear's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Waterproof Footwear's year-by-year imports was explained primarily by a decrease in imports from United States ($-15 or -4.21%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-83k(-24%)
IMPORT GROWTH (June 2023 - June 2024)$-238k(-95.3%)
MAIN DESTINATION (June 2024)South Korea$263k

This section shows Waterproof Footwear's exports and imports data at subnational level for Philippines. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Waterproof Footwear over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.68M
IMPORTS (2022)$23.6M
NET TRADE (2022)-$20.9M

In 2022, Philippines exported $2.68M in Waterproof Footwear. The main destinations of Philippines exports on Waterproof Footwear were South Korea ($2.3M), Singapore ($136k), United States ($77.5k), Netherlands ($77.5k), and Canada ($23.2k).

In 2022, Philippines imported $23.6M in Waterproof Footwear, mainly from China ($21.7M), Thailand ($1.55M), South Korea ($80.8k), Australia ($80k), and Malaysia ($55k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Waterproof Footwear EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Singapore$136k (129k%)
Netherlands$74.2k (2.23k%)
United States$22k (39.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Waterproof Footwear BY Philippines WERE (2021 - 2022):
South Korea-$214k (-8.53%)
China-$160k (-91.1%)
Papua New Guinea-$11.7k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Waterproof Footwear were:
China $788M
Italy $139M
Netherlands $68.8M
In 2022, Philippines's main importing competitors in Waterproof Footwear were:
United States $225M
Germany $163M
Japan $149M

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Trade Value of Waterproof Footwear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $95.1k
TOP IMPORT POTENTIALIndonesia+ $96.4k

Waterproof Footwear’s highest export potential is United States. With an export gap of $95.1k.   Waterproof Footwear’s highest import potential is Indonesia with an import gap of $96.4k.

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